Hogan Lovells advises Klöpfer & Königer on transfer of operations
Led by Hamburg partner Andreas H. Meyer, Hogan Lovells has advised Klöpfer & Königer Management GmbH on the transfer of the operations of Klöpfer Holzhandel to Hermann and Florian Wendelstadt. The Wendelstadt brothers are the great-great-grandchildren of Johann Christian Klöpfer, who founded the company 150 years ago.
Even after the change of the shareholders, Klöpferholz will remain in the hands of the fifth generation of the family. The contact persons and management team will also remain unchanged.
The new owners of the Klöpferholz Group with its more than 700 employees will acquire 100 percent of the company as well as the associated logistics real estate.
The Klöpfer Group supplies more than 30,000 craftsmen throughout Germany as well as manufacturers of prefabricated houses, construction groups, prefabrication plants and timber merchants. The business unit Klöpferholz GmbH & Co. KG is one of Germany's leading timber merchants with annual sales of over €289 million and 20 locations.
Hogan Lovells provided comprehensive legal advice to Klöpfer & Königer on all corporate law issues relating to the transfer of operations.
Hogan Lovells Team for Klöpfer & Königer Management GmbH
Dr Andreas H. Meyer (Partner), Daniel Schwiete (Associate) (both Corporate/Transactional);
Dr Dirk Debald (Partner), Dr Norbert Heier (Partner), Dr Ina Hoppach, André Lohde (Senior Associates), Katrin Pilgram (Associate) (all Real Estate, Hamburg);
Dr Eckard Schwarz (Partner), Dr Fabian Ernst (Senior Associate), Dr Peter Körlings (Associate) (all Employment, Hamburg);
Dr Morten Petersenn (Partner), Dr Christian Tinnefeld (Partner) (both Intellectual Property, Hamburg);
Dr Ingmar Dörr (Partner, Tax, Munich);
Bernd Klemm (Partner), Dr Thomas Frank (Senior Associate) (both Pensions, Munich).
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